‘Significant risk’ of US Treasury running ‘out of funds’ soon: Report By Cointelegraph
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The United States government faces a “significant risk” of no longer meeting all of its financial obligations as early as June, as per a recent report.
According to a May 12 report published by the U.S. Congressional Budget Office (CBO), the risk of the U.S. government defaulting on its debt in the near future stems from reaching its statutory debt limit of $31.4 trillion on Jan 19.
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The United States government faces a “significant risk” of no longer meeting all of its financial obligations as early as June, as per a recent report.
According to a May 12 report published by the U.S. Congressional Budget Office (CBO), the risk of the U.S. government defaulting on its debt in the near future stems from reaching its statutory debt limit of $31.4 trillion on Jan 19.
Continue Reading on Coin Telegraph
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